Answer and Explanation:
Are not included in GDP because GDP includes the production of goods and services in the current year only. the production of these goods was already included in the GDP of the year when these weere produced.
<span>Contingency tables are the most common way of showing both marginal and conditional distributions. Reading them is quite easy and intuitive, and often the graphical part of the analysis is left at that. Taking a step further, one can translate the table into a chart: it is advised to use a bar chart to effectively show the data</span>
Answer:
Yes, Omaha department store would be better off by $23000.
Explanation:
Given: Sales revenue= $350000.
Cost of goods sold= $280000.
Sales commission= $30000.
Fixed operating cost= $90000.
Now, computing net profit or (loss)
Net profit/loss=
∴ Net profit/loss=
⇒ Net profit/loss=
∴ Net loss=
∴ Yes boot department should be closed, as Omaha department store is better off by $23000.